Government's RON95, Diesel Subsidy Bill Estimated At RM3.5 Bln A Month - MOF

KUALA LUMPUR, June 10 (Bernama) -- The government's subsidy bill for RON95 petrol and diesel is projected to remain high at about RM3.5 billion a month at current market prices, amid the ongoing conflict in West Asia, the Ministry of Finance (MOF) said.

Rubber Market Ends Mixed, Tracking Weaker Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 10 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, tracking weaker regional rubber futures markets amid concerns over soft demand from China's automotive sector, a dealer said.

Bursa Malaysia Gains At The Close As Investors Rotate Into Defensive Stocks

By Harizah Hanim Mohamed

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia closed higher on Wednesday, outperforming some regional peers as renewed weakness in global technology stocks and escalating tensions in West Asia prompted investors to rotate into more defensive and domestically oriented markets.

MOF Leads Whole-Of-Government Approach To Curb Illegal Influx Of Foreign Businesses

KUALA LUMPUR, June 10 (Bernama) -- The Ministry of Finance (MOF) is leading relevant ministries and agencies in adopting a “whole-of-government” approach to address the illegal influx of foreign products, services and businesses, said Deputy Finance Minister Liew Chin Tong.

Anwar, Takaichi Hold Talks On Energy, Security And Economic Cooperation

TOKYO, June 10 (Bernama) -- Malaysia and Japan have agreed to strengthen cooperation in energy, strategic industries and supply chain resilience during talks between Prime Minister Datuk Seri Anwar Ibrahim and Japanese Prime Minister Sanae Takaichi.

Bursa Malaysia Remains Positive Amid Regional Market Decline

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia bucked the regional trend to continue trading in positive territory, with persistent buying supporting selected heavyweights.

Malaysia, Japan Can Strengthen Regional Tech Supply Chains - PM Anwar

TOKYO, June 10 (Bernama) -- Malaysia and Japan can make a meaningful contribution to strengthening regional supply chains, particularly in semiconductors, Prime Minister Datuk Seri Anwar Ibrahim said today.

Bursa Malaysia Ends Morning Session Higher On Bargain Hunting

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia ended the morning session higher on selected bargain hunting.

IEM Recommends Raising Fees And Other Measures To Keep Pace With The Times

KUALA LUMPUR, June 10 (Bernama) -- Engineering consultancy fees in Malaysia have increased by less than 10 per cent since 1983 despite a significant rise in project complexity and workload, according to The Institution of Engineers Malaysia (IEM).

Japan's Support Crucial In Malaysia’s Push Into Advanced Technologies, Says Anwar

KUALA LUMPUR, June 10 (Bernama) -- The Japanese government and industries’ support is critical to helping Malaysia build its capabilities in advanced technologies, particularly semiconductors, artificial intelligence (AI), quantum computing, and advanced packaging, said Prime Minister Datuk Seri Anwar Ibrahim.

World Needs Directions, Not More Power - Anwar

From Mohd Iswandi Kasan Anuar

TOKYO, June 10 (Bernama) -- The world is currently facing a shortage of leadership clarity rather than power, Prime Minister Datuk Seri Anwar Ibrahim said today.

Data Centre Projects To Sustain Construction Sector Growth -- MBSB IB

KUALA LUMPUR, June 10 (Bernama) -- Data centre projects are expected to remain a key growth driver for Malaysia’s construction sector, supported by hyperscaler expansion, growing investments in digital infrastructure and rising power requirements, according to MBSB Bank Investment Bhd (MBSB IB).